Managed care and monopoly power
Subtitle: the antitrust challenge
By: Deborah Haas-Wilson.
Publisher: Harvard University Press
Published: 2003
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 238
Subjects: Medical care -- United States; Medical economics -- United States; Managed care plans (Medical care) -- United States; Monopolies
Description: "As millions of Americans are aware, health care costs continue to increase rapidly. Much of this increase is due to the development of new life-sustaining drugs and procedures, but part of it is a result of the increased monopoly power of physicians, insurance companies, and hospitals, as the health care sector undergoes reorganization and consolidation. There are two tools to limit the growth of monopoly power: government regulation and antitrust policy. In this timely book, Deborah Haas-Wilson argues that enforcement of the antitrust laws is the tool of choice in most cases." "These laws enable markets to work competitively and therefore efficiently. Competitive markets foster low prices and high quality. Applying antitrust laws wisely, however, is a tricky business, and Haas-Wilson carefully explains how it can be done. Focusing on the economic concepts necessary to the enforcement of the antitrust laws in health care markets, Haas-Wilson provides a useful roadmap for guiding the evolution of these markets."--Jacket.
Notes: Includes bibliographical references and index.